As of the noon of April 18, according to the 24-hour rise and fall,Bitcoin plummeted 17%, Ethereum plummeted 20%, coin an plummeted 17%, reborn plummeted 26%, doggy plummeted 19%, Leyte plummeted 28%, BoChang plummeted 25%, and grapefruit plummeted 29%.
In particular, the rapid decline of bitcoin has caused heavy losses to investors, reaching 4.4 billion US dollars in one hour.
According to sources,Insiders of coinbase cashed out more than $4.6 billion in total. Among them, CEO Brian Armstrong sold 749999 shares of the company at three different prices, totaling about $292 million. CFO Alesia Haas sold all 255500 shares at $388.73, totaling about $99.32 million.
According to another market news,The US Treasury Department has accused several financial institutions of using cryptocurrency to launder money.
There are many hidden dangers behind bitcoin and other digital currencies, including technical barriers, price instability, waste of resources and environmental pollution, tax policy, and financial dominance not affected by regulation. Illegal use of bitcoin can also be found everywhere, including money laundering and tax evasion. Many governments have taken actions to combat it.
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